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Human beings have always had the need for security. Not in vain is this concept found on the second step of Maslow's pyramid after basic needs (breathing, eating, sleeping...) That is why it is not strange that the first antecedents of insurance date back to 3,000 years before Christ , in the time of the Babylonian merchants, people with a great vision of business and risk calculation. Thus, at that time they decided to assume together all the possible losses of merchandise in the transfers, something that was known as "loans at great risk" , in such a way that some people lent money to others for the value of some objects that were they transported. That practice spread and became popular in such a way that it ended up being legalized and included in the famous Code of Hammurabi . This way, if something was lost or stolen, it was covered and replaced, from animals to wagons to boats.



Compensation was even contemplated for women in the event of the death of their husband: the first life insurance policies. Of course, this insurance system for goods and people evolved in successive historical periods, adapting to new needs and greater social and commercial complexities. For example, in the 18th and 19th centuries , probability calculations began America Cell Phone Number List to be introduced to value amounts or the concept of reinsurance , that is, the distribution of risks between several companies. Already in the 20th century, the complex insurance system began to mix with the financial system, giving rise to a highly specialized ecosystem in which all types of scenarios and needs are contemplated and covered. The impact of the pandemic and new habits have opened a process of exponential transformation in this period, which artificial intelligence will now, of course, accelerate.







It was in 1890 when Allianz AG was created in Munich , and not long after they had to deal with two of the great disasters of the early 20th century, the San Francisco earthquake and the sinking of the Titanic. The group has been growing exponentially for decades, both organically and through acquisitions and mergers. And it is precisely from this second path that Allianz Partners emerges . Allianz Headquarters Reuters In 1950, Elvia Travel Insurance , a travel insurance provider company, was born in Switzerland , and a couple of decades later, the French Mondial Assistance was created , which in addition to travel includes Automotive and Health among its coverage. Both companies ended up forming part of the Allianz Group at the end of the 20th century, so that in 2011 they were renamed Allianz Global Assistance and finally in 2017 they assumed the definitive name of Allianz Partners.